Q7) The table below shows free cash flow projections for four different projects. In addition, the table also shows the NPV, IRR, and Payback period for each project. If you can only invest in one project, which one should you pick?

I. Project I

II. Project II

III. Project III

IV. Project IV

V. None

Question 7 5 points Save Answer The table below shows free cash flow projections for four different projects. In addition, the table also shows the NPV, IRR, and Payback period for each project. If you can only invest in one project, which one should you pick? Year 0 1 2 3 4 Project Free Cash Flows Project 1 Project 11 Project III Project IV (30,000) (10,000) (20,000) (10,000) 5,500 18,000 5,000 1,000 5,500 10,000 2,000 5,500 15,000 3,000 5,500 5,000 4,000 5,500 5,000 5,500 14,000 5,500 8.00% 25.00% 10.00% 12.00% (1,364.96) 4,400.00 7,494.71 7,094.63 6.66% 80.00% 25.33% 26.63% 6 1 3 4 5 6 7 Interest Rate INPV IRR Payback Period (in Years) OI. Project 1 II. Project II III. Project III IV. Project IV OV. None